Its introduction in 2007 marked the first time that men's professional golf had a playoff system.
Points are awarded based on finishing position in all PGA Tour sanctioned tournaments.
Players are further eliminated after each of the first two playoff events, with the leading 30 points earners qualifying for the Tour Championship.
[7] In 2022, the FedEx Cup bonus pool purse increased to $75 million, with the winner's share coming in at $18,000,000.
[10] In the event an eligible player is unable or chooses not to play, the field is shortened and no alternates are added.
The Tour Championship features a strokes-based system (FedEx Cup Starting Strokes) instituted for the first time in 2019.
The FedEx Cup points leader after the first two Playoffs events begins the Tour Championship at 10-under par.
[7] At the Tour Championship, the player with the lowest aggregate score over 72 holes when combined with his FedEx Cup Starting Strokes wins the Tour Championship and is also crowned FedEx Cup champion.
Since 2013 the top 125 on the FedEx Cup points list also retain their tour cards for the following season.
[7] At the Tour Championship, the player with the lowest aggregate score over 72 holes when combined with his FedEx Cup Starting Strokes wins the Tour Championship and is also crowned FedEx Cup champion.
[7] If an eligible player skips a playoff event, no alternates are added and the field is reduced accordingly.
Players under 45 are not able to access any 2007 FedEx Cup bonuses (as opposed to prize money earned in the tournaments themselves) until turning 45.
[11][12] Because of possible legislation affecting deferred retirement plans, in the wake of business stories that speculated that Tiger Woods could amass a $1 billion retirement fund if he won the FedEx Cup six more times, the PGA Tour announced a change to the payout system effective in 2008.
The top 10 finishers now receive the bulk of their FedEx Cup bonuses in cash up front; for example, the 2008 FedEx Cup champion received $9 million up front and $1 million in his tax-deferred retirement account.
FedEx Cup bonuses to finishers below the top 10 are still paid solely into the players' retirement accounts.